PNM Resources
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SharePNM Resources is a company. It is in Albuquerque, the United States and it has a female CEO called Patricia K. Vincent-Collawn. It was founded in 1882 and is part of the Utilities sector, specifically in the Electric Utilities industry.
Key facts
- city: Albuquerque
- state: NM
- country: United States
- employees: 1,646 people
- revenues: 1.9B $
- sector: Utilities
- industry: Electric Utilities
- foundation year: 1882
- CEO: Patricia K. Vincent-Collawn
- CEO gender: female
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PNM Resources is one of the companies in Electric Utilities, companies in Utilities, companies in Albuquerque, companies in the United States and 3,456,835 companies in our database.
Talking Points
- TXNM Energy
- Based in Albuquerque, N.M., PNM Resources is an energy holding company. Through its utilities - PNM and TNMP - PNM Resources serves electricity to more than 720000 homes and businesses in New Mexico and Texas. Our generation capacity of more than 2530 megawatts reflects a balanced mix of coal, natural gas, nuclear and wind generation.
- PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,426 miles of electric transmission lines, 5,751 miles of distribution overhead lines, 5,765 miles of underground distribution lines, and 250 substations. The segment also owns and leases communication, office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2021, the segment owned 983 miles of overhead electric transmission lines, 7,297 miles of overhead distribution lines, 1,408 miles of underground distribution lines, and 113 substations. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 806,000 residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico.
